2030 Young St East Troy, WI 53120
For Sale
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This exceptional investment opportunity presents a 34,226-square-foot single-tenant industrial property located at 2030 Young Street in East Troy, Wisconsin, 53120. The property, built in 1973 and renovated in 1998, boasts a 17-foot ceiling height and features a single, one-story building situated on a parcel zoned M2. Currently occupied at 100% capacity by Thistle Molded Group under a Net Lease (NNN) agreement, the tenant recently renewed their lease for a full 10-year term, providing significant lease stability and a predictable income stream. The lease includes rent bumps, further securing future returns. The property offers 63 parking spaces for employees and visitors. This Class C industrial building provides a strong 8.00% cap rate on the asking price of $2,750,000. The long-term lease, coupled with the tenant's established presence in the molded plastics industry, makes this a low-management, high-return investment opportunity. The property's strong financial performance and secure tenancy make it an attractive addition to any portfolio.
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Moxness Products, Inc. Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.